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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Mexican Peso/Czech Koruna (FOREX:MXNCZK)

Weak Downtrend (-65) - MXNCZK is showing signs of a strengthening downtrend. Monitor MXNCZK as it may be building momentum to the downside.

Is it time to buy, sell, or avoid MXNCZK?

MarketClub looks at technical strength and momentum to determine if the timing is right for MXNCZK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MXNCZK
Open High Low MXNCZK Price Change
1.0760953 1.0766212 1.0745134 1.0749000 -0.0011950
Entry Signal

MarketClub’s Trade Triangles for MXNCZK

long term down The long-term trend has been DOWN since Oct 1st, 2021 at 1.0579713

intermediate term down The intermediate-term trend has been DOWN since Sep 29th, 2021 at 1.0709250

short term up The short-term trend has been UP since Oct 13th, 2021 at 1.0628100

Smart Scan Analysis for MXNCZK

Based on our trend formula, MXNCZK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for MXNCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0760953 1.0766212 1.0745134 1.0749000 -0.0011950
Prev. Close Volume Bid Ask Time
1.0760953 2021-10-17 18:48:21
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